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Problem 1: "Vaughn Manufacturing purchased a new machine on May 1, Year 9 for $550800. At the time of acquisition, the machine was estimated to have a useful life of ten years and an estimated salvage value of $30000. The company has recorded monthly depreciation using the straight-line method. On March 1, Year 18, the machine was sold for $82200. What should be the loss recognized from the sale of the machine?"
Option 1: $0.00
Option 2: $8,560.00
Option 3: $30,000.00
Option 4: $38,560.00
Identify three companies with which you are familiar that are using the Web to conduct business. Describe their use of the Web.
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